There is no doubt that we are in the midst of a serious recession. All the same signs, some even more worrying are here as in 1988/89 when the association was formed. Now more than ever we need to do the very thing we first formed the NLTA for – talk to each other!
You are not on your own but the NLTA can’t give you advice or direct you to someone who can help you if you don’t help us. We need much more up to date information about your rent and rates so we can give informed advice on rent reviews and new leases. With this newsletter came a small survey form – please, please fill it in and return it to your nearest drop off point.
Lately we have seen some enormous rent increases being proposed for North Laine businesses for which in many cases we have provided evidence of recent lower settlements.
As small retailers we have many strengths but our greatest one is to work together and emerge from this recession in good health – as we did the last time! |